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Accommodation - Real Estate Agents
News
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NEWS SNIPPETS
2004
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Housing agents
without at least 3 'O' Levels have to sell at least two homes
in the preceding 12 months before being allowed to sit for the
Common Examination for House Agents (Ceha) held here between
April 2004 and March 2005. The Inland Revenue Authority of
Singapore (Iras) said, "The waiver of three 'O' Levels will
not be extended beyond March 2005. (Straits Times 18 Feb 2004)
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Complaints
to the Consumers Association of Singapore (Case) against real
estate agents climbed from 200 for the whole year of 2000, to
277 between January and October 2002. It received 213 such
complaints in 2001. (Straits
Times 14 Jan 2003)(H4) |
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Some housing agents are harrassing clients and lying to them
in order to seal deals and secure a commission of 2 per cent in
the current weak property market. Mr Edmund Baker, chief
executive officer of the Institute of Estate Agents (IEA) says
that these agents are resorting to "dirty tactics". He
added that some agents also lie to their clients, claiming that
the 2 per cent commission is mandatory when it is really
negotiable. The Inland Revenue Authority (Iras), which licenses
real-estate agencies, received 237 complaints last year, and 194
complaints from January to October this year. (Straits
Times 10 Nov 2001) (H1) |
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Last
year, the Inland Revenue Authority, (Iras), which licenses
real-estate agencies, received 237 complaints against housing
agents. Between January and October this year, it received 194
complaints. (Straits
Times 19 Nov 2001)(H5) |
This section commenced on 21
Dec 2000
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